Best waterfront properties on Lake LBJ

501 Willow St, Buchanan Dam, TX 78609

4 Beds

2 Full baths

1,852SqFt

Active

Discover a rare opportunity to own a one-of-a-kind property in a highly sought-after location with TWO dwellings - just a short walk to the scenic shores of Lake Buchanan! Nestled on TWO generously sized lots, this versatile property features two separate dwellings, ideal for rental income potential, multigenerational living or guest accommodations. The main house offers 2 bedrooms and 1 bathroom, an updated interior complete with wood tile flooring, beautiful alder cabinets, granite countertops, an open living room & kitchen area, fireplace, and an oversized covered back patio with lake views - perfect for entertaining or enjoying quiet evenings. A convenient carport provides covered parking and a storage room. The guest house enhances the property’s appeal with additional space and flexibility. The two-story guest house includes 2 bedrooms, 1.5 bathrooms and a 2-car garage. The open kitchen and living area is filled with natural light and leads to a private balcony - an ideal spot to sip your morning coffee or unwind with sunset views. With its unbeatable location near the lake, spacious lots, and flexible living options, this property is a rare gem full of possibilities. Don’t miss your chance to enjoy the best of lakeside living!

Property Details
Price $440,000
Bedrooms 4
Full Baths 2
Lot Size n/a
Acres 0.5
Property Type Residential
Sub type SingleFamilyResidence
MLS Sub type Single Family Residence
Exterior Features Rain Gutters
Year Built 1970
Subdivision Greenwood Acres
Roof Composition
Waterfront Yes/Other
Heating Central
Foundation Slab
Association Fee 200
Association Amenities Other
Geographic Data
Directions From TX-29, head North on TX-261. Approximately 5.8 miles, turn Right onto Cedar Drive. Turn Right onto S. Greenwood Drive. Home is on the Left corner lot.
County Llano
Latitude 30.798373
Longitude -98.468211
Address Information
Address 501 Willow St, Buchanan Dam, TX 78609
Postal Code 78609
City Buchanan Dam
State TX
Country United States
Listing Information
Listing Office Thrive Realty
Listing Agent Laura Smith
School Information
District Burnet
MLS Information
MLS Status Active
Listing Last Modified Jun 10, 2025
Tax ID 016511
MLS # HLM173527

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This information is believed to be accurate, but without any warranty.